Launch of New Oriduct Segments Daggerboard & Steering Gear Announced at SMM
The Hamburg-based company, Becker Marine Systems, a leading provider of manoeuvring systems and energy-saving devices for the maritime industry, has…
US job growth picks up moderately; unemployment rate falls to 4.2%
U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly…
Britain needs extra $1.3 trillion investment for economic growth, report says
Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a…
Fed’s Williams says time has arrived to start rate cuts
Federal Reserve Bank of New York President John Williams said Friday that a better balanced economy has opened the door…
German industrial output slumps, fueling recession fears
German industrial production fell more than expected in July, driven mainly by weak activity in the automotive sector, spurring fears…
Greek PM to unveil plan to boost pensions, spending power in major speech
Greek Prime Minister Kyriakos Mitsotakis is expected to unveil plans on Saturday to increase pensions, reduce social security contributions and…
Another blow for Germany as industry disappoints
German industrial production fell 2.4% month-on-month in July from 1.7% MoM in June. On the year, industrial production is down…
UK house prices post biggest annual gain since late 2022, Halifax says
British house prices rose last month at the fastest annual pace since late 2022, data from mortgage lender Halifax showed…
Trump plan for Musk-led efficiency commission could give CEO influence over rules for his work, wealth
Billionaire Elon Musk will head a government efficiency commission with a vast remit if Donald Trump is elected U.S. president,…
Greek economy expands in second quarter on higher consumption, investment
Greece’s economy expanded in the second quarter from theprevious three months on higher domestic consumption and investment, data from the…